Income Tax Return Filing: Only seven days are left to file Income Tax Return (ITR). This deadline is not going to be extended beyond 31 July 2024. In such a situation, it becomes important that taxpayers file their income tax returns in time because the problem increases due to the increase in load on the official side of Income Tax at the last moment.
Income Tax Return Filing: Only seven days are left to file Income Tax Return (ITR). This deadline is not going to be extended beyond 31 July 2024. In such a situation, it becomes necessary that taxpayers file their income tax returns in time because the problem increases due to the increase in load on the official side of Income Tax at the last moment. Experts also say that taxpayers should avoid filing returns at the last moment. There is an increased possibility of mistake in filing returns at the last moment.
The deadline of 31 July is not going to be extended
Let the taxpayers know that the deadline for filing ITR is not going to be extended. In such a situation, it is important for the taxpayers to file the return within seven days by 31 July. If ITR is not filed by 31 July, then penalty and interest on tax will have to be paid on filing the return later.
How to register on e-filing site
Registration on the e-filing website of Income Tax Department is necessary to file the return. Only after this you will be able to log in to this site. If you are going to file the return for the first time, then you will have to first go to https://www.incometax.gov.in/ for registration. Here you have to click on ‘Register’. Then you have to enter your PAN in ‘Register as a Taxpayer’. After that click on Validate.
How to file income tax return
After logging in to the e-filing site, you will first have to select either online or offline. Then you have to tell your filing status. Then you have to choose the right ITR form for yourself. Then you have to check the pre-filled details in your ITR form. You have to pay special attention to tax calculation. If you do a job, then you can use the data of Form-16. Others can check the data of TDS etc. in Form 26AS and Annual Information Statement. After entering all the information, you have to verify your ITR details.
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